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Sidana [21]
1 year ago
7

Find the sales tax.

Mathematics
1 answer:
IgorC [24]1 year ago
5 0

Answer: $2.10

Step-by-step explanation: 3% of $70 is $2.10.

The total cost would be $72.10

How to calculate percentages:

Divide the number that you want to turn into a percentage by the whole. In this example, you would divide 2 by 5. 2 divided by 5 = 0.4. You would then multiply 0.4 by 100 to get 40, or 40%.

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Answer:

  • 4% fund: $39,000
  • 52% fund: $1000

Step-by-step explanation:

Let x represent the amount invested at 52%. Then (40000-x) is the amount invested at 4%. The total annual interest is ...

  0.52x +0.04(40000-x) = 2080

  0.48x = 480 . . . . . . . . . subtract 1600, simplify

  x = 1000 . . . . . . . . . divide by 0.48

Then the amounts invested in each fund are ...

  4% fund: $39,000

  52% fund: $1000

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